What would you do if you had $25 Million?

Question:

Tonight at dinner we were discussing winning the lottery and what we would do with the money if we did win. The Powerball right now is at $25 million if taken as an annuity and $12.3 if taken in cash. Assuming that the Feds are going to take 30% that makes it $17.5 annuity or $8.6 lump sum. So if you had the winning ticket, would you take it in annuity or cash, and what would you spend the money on? Please give me a fairly detailed list.

As for me, I would take it in a lump sum. I would put $1 million in a trust for my sister. I would buy my mom and myself new houses and new cars, spending about $750,000. I would put $250,000 in a trust for my cousin's college educations. I would take about $500,000 on new clothes, new stuff for my house, and paying off my bills and college loans. I would also give a million to my favorite charities. All the rest would go into the stock market and money market accounts.

Answer:
I would take the money in a lump sum. I would pay a tithe to the church right off the top. Next, I would pay off my student loans $50,000. I would buy new homes for me, my mom, and my brother- $900K. I would also buy new cars for the three of us. They wouldn't be fancy. I simply need a minivan for me, hubby, and the kids. My mom would probably get a BMW or some luxury car with great customer service. I would put 75% in savings, and the rest I would use to travel. I would love to take my kids to visit other cultures and live the "immersion" lifestyle versus the glamorous lifestyle most lottery winners live. Since I teach English, I would volunteer to teach English as a second language. That's all I can think of for now, but travel tops my list. I just can't go many places and haul four kids and husband around with me without money.

I'd go home

spread it all over my bed and dive inside!!!
LOL!
HEY, I'M RICH!!!!!!!
LOL!

I would take you out to dinner:)

I would pay off my house as well as my daughters, stepdaughters and my g/f's. I would buy a new car for all our kids, if they want one, something in the 25,000 range. I would pay off my daughters, step daughters, son in law, step son in law and step son's student loans. I would do the remodeling on my house. I would give an appropriate monetary gift to all my brothers and sisters, and their kids. I would give money to all my favorite charities. I would buy my ex husband a condo in florida, and a car. I would set up college funds for the grandkids and my nephews. I would buy my folks the condo they want.

Then I would tell my boss goodbye and go back to school full time. Oh and take my g/f to the island of her choice. Everything else would be saved, and left to my daughters.

i would take the lump sum to pay all my debts, put my immediate family in new houses,and buy them all new cars and give them a nice little lump sum to continue to live on. of course this is after i have done the same for myself. i would see all my children through college plus have them all a nice lump sum waiting for them in their own bank accounts as well as my self. as long as i felt financially comfortable the rest of the money would go to various charities because im not a selfish person. why hold on to so much money when it can bring so much evil. so i would definetely be giving i t all away after i got my and my families basic needs out of the way. i lve helping others if i can do so cause it makes me feel good.

Pay off my bills and then invest it so I could retire early.

I would pay off all my bills, invest some then I would buy my two wonderful kids the biggest play ground ever. I would spend so much money on those two little girls that it would just seem crazy to most people.

What would you do if you had $25 Million?

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